DDG and Wheat Midds Higher on CME Ags Gains

Not enough comparable past events yet for a historical read.

After 361 past bullish geopolitics events, Wheat (SRW) moved a median +0.7% over 5 sessions (58% higher; middle half -1.4% to +3.7%), and +1.3% over 20.

• Mar 1, 2022Surging CME Prices Spur Protein Market Higher - The Jacobsen+10.5%
• Feb 14, 2025Wheat, the Dog of the Grain Complex, Rallies to New Highs for the Move - AgWeb+1.6%
• Sep 23, 2026Wheat buyers brace for higher costs as Russia-Ukraine war drags on | Reuters-2.7%
• Aug 28, 2026Corn and wheat prices jump to highest prices in more than three years+3.3%
• Jul 22, 2026Grain Markets Explode to Fresh Highs on War, Weather with Wheat Leading - AgWeb-1.8%

After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.

• Mar 1, 2022Surging CME Prices Spur Protein Market Higher - The Jacobsen+4.7%
• Aug 28, 2026Corn and wheat prices jump to highest prices in more than three years+0.6%
• Jul 22, 2026Grain Markets Explode to Fresh Highs on War, Weather with Wheat Leading - AgWeb+0.7%
• Jan 31, 2022Russia-Ukraine Tensions Drive Global Wheat Prices Higher+0.6%
• Aug 27, 2026Grains hit two-year high as war weather and logistics tighten supply | Saxo+0.5%

After 34 past bullish geopolitics events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +3.5%), and +1.2% over 20.

• Mar 1, 2022Surging CME Prices Spur Protein Market Higher - The Jacobsen+3.1%
• Sep 25, 2026What’s Behind the Latest Surge in Grain and Oilseed Prices?-5.3%
• Apr 20, 2022Higher Animal Feed Costs Lift EU Meat Prices | CZ app-4.0%
• May 26, 2026Oilseeds: Oil price slide weighs on canola and rapeseed-0.5%
• Jul 17, 2023November Soybean Futures Continue to Climb Higher - AgWeb+3.6%